Ryan Cohen

“GameStop has made an unsolicited $56 billion bid to acquire eBay, offering $125 per share in a mix of cash and stock.”

“Cohen could not explain the deal when he was asked about it on CNBC's Squawk Box.”

“Cohen [sees] ways to integrate GameStop's bricks-and-mortar stores with eBay's online operations to help scale both companies.”

“GameStop CEO Ryan Cohen either couldn't (or wouldn't) explain basic bid details during a CNBC interview.”

“GameStop has offered to acquire eBay for around $55 billion in cash and stock... GameStop holds around a 5% stake in eBay, mostly via derivatives, and says it secured a 'highly confident letter' from TD Securities to lend up to $20 billion.”

“GameStop is preparing a potential bid for eBay as part of CEO Ryan Cohen's plan to transform the retailer into a $100 billion company, even though eBay is several times larger.”

“GameStop is preparing a potential bid for eBay as part of CEO Ryan Cohen's plan to transform the retailer into a $100 billion company.”